Orange (ORAN) Set to Announce Quarterly Earnings on Wednesday

Orange (NYSE:ORAN) will be issuing its quarterly earnings data before the market opens on Wednesday, July 24th.

Orange Price Performance

NYSE ORAN opened at $11.01 on Friday. The company’s fifty day simple moving average is $10.86 and its 200-day simple moving average is $11.33. Orange has a 52 week low of $9.82 and a 52 week high of $12.41. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.83 and a quick ratio of 0.79.

Orange Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, June 21st. Stockholders of record on Monday, June 3rd were given a dividend of $0.4523 per share. This is a boost from Orange’s previous semi-annual dividend of $0.32. This represents a dividend yield of 5.1%. The ex-dividend date was Monday, June 3rd.

Analysts Set New Price Targets

Several analysts recently issued reports on ORAN shares. Sanford C. Bernstein started coverage on shares of Orange in a report on Friday, May 24th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. started coverage on shares of Orange in a report on Wednesday, April 17th. They issued an “overweight” rating on the stock. StockNews.com cut shares of Orange from a “buy” rating to a “hold” rating in a report on Friday, April 26th. Finally, New Street Research raised shares of Orange to a “strong-buy” rating in a report on Monday, July 8th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $13.08.

Orange Company Profile

Orange SA provides various fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. The company operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; Orange business; Totem; International Carriers & Shared Services; and Mobile Financial Services segments.